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According to BlockBeats, citing Bitget data, Japan’s Nikkei 225 index closed on July 10th up 1.20%, at 68,557.73 points, a gain of 813.88 points. South Korea’s KOSPI index rose 2.52% to 7,475.94 points, up 184.03 points. Samsung Electronics gained 2.5%, while SK hynix was slightly down into the close.

According to the Global Economic Outlook report released by ING Bank in the Netherlands on July 9, the Dutch bank expects the Federal Reserve to keep interest rates at their current level through mid-2027 and begin a gradual easing cycle in the second half of 2027. ING noted that even though the Fed issued a warning, market expectations for rate hikes have become overly aggressive due to the hawkish stance of the Federal Open Market Committee last month. The bank cited cooling housing inflation

According to the Korea Ministry of Climate and Energy, the ministry signed agreements on July 10 with nine energy companies to launch an energy storage system (ESS) project for distribution grids, aiming to address renewable energy curtailment and interconnection issues in southern Korea and Jeju. The government plans to invest 558.6 billion won by 2030. Selected companies, including LG Energy Solution, SK E&S, and HD Hyundai Electric, will deploy 128 MW of ESS capacity across 32 distribution li

According to South Korea’s Ministry of Climate and Energy, on July 10 the ministry signed agreements with nine energy companies to launch a distribution grid energy storage system (ESS) project, aiming to address renewable energy curtailment and interconnection issues in South Korea and Jeju. The government plans to invest 558.6 billion won by 2030. Selected companies, including LG Energy Solution, SK E&S, and HD Hyundai Electric, will deploy 128 MW of ESS capacity across 32 distribution lines,